Welcome to our dedicated page for Potlatchdeltic Corporation news (Ticker: PCH), a resource for investors and traders seeking the latest updates and insights on Potlatchdeltic Corporation stock.
PotlatchDeltic Corporation (PCH) is a leading timberland REIT managing sustainable forests and manufacturing wood products across the U.S. This page aggregates official news and press releases, providing investors and stakeholders with timely resource for tracking corporate developments.
Access curated updates on earnings, strategic land transactions, and environmental initiatives. Monitor operational milestones across timberland management, manufacturing efficiency improvements, and real estate projects. All content is sourced directly from the company to ensure accuracy.
Key focus areas include sustainable harvesting practices, safety protocol enhancements, and community engagement through recreational leasing programs. Regular updates reflect PCH's integrated approach to balancing ecological responsibility with shareholder value creation.
Bookmark this page for streamlined access to PotlatchDeltic's latest announcements. Combine these updates with SEC filings and market analysis for comprehensive investment research.
PotlatchDeltic Corporation (Nasdaq: PCH) reported a strong performance for Q1 2022, with net income of $163.9 million, or $2.35 per diluted share, on revenues of $411.4 million. Adjusted net income was $174.6 million, yielding $2.50 per diluted share. Highlights include a record Total Adjusted EBITDDA of $245.6 million and a robust liquidity position of $770 million. The company increased its regular dividend by 7.3% to $0.44 per share. Timberlands and Wood Products segments showed significant revenue growth, driven by higher prices and favorable conditions.
PotlatchDeltic Corporation (Nasdaq: PCH) is set to release its first quarter earnings on April 25, after market close. A live conference call will be held on April 26 at 9:00 a.m. PT to discuss these results. Investors can access the webcast via the company’s website or by calling designated numbers for the U.S. and international audiences. PotlatchDeltic manages about 1.8 million acres of timberlands across several states and operates multiple sawmills and a plywood mill, emphasizing sustainable forest management practices.
PotlatchDeltic Corporation (Nasdaq: PCH) announced an agreement to purchase a $70 million group annuity contract from American General Life Insurance Company. This transaction, effective June 1, 2022, allows American General Life to manage pension obligations for select retirees. Funded with plan assets, the company transfers the premium amount on March 17, 2022. The pension plan will remain well-funded, and benefits for participants will not change. PotlatchDeltic will incur a noncash pension settlement charge in Q1 2022, enhancing its balance sheet by reducing exposure to pension liability volatility.
PotlatchDeltic Corporation (Nasdaq: PCH) announced an upcoming series of presentations at investor conferences. Eric J. Cremers, CEO, and Jerald W. Richards, CFO, will provide a company overview at:
- BofA Securities Global Agriculture & Materials Conference on March 3 at 8:10 AM ET
- 43rd Annual Raymond James Institutional Investors Conference on March 8 at 11:35 AM ET
- 2022 Citi Global Property CEO Conference on March 9 at 9:00 AM ET
Webcasts will be available on PotlatchDeltic's investor page and archived for 30 days post-presentation.
The board of directors of PotlatchDeltic Corporation (Nasdaq: PCH) has declared a quarterly distribution of
PotlatchDeltic Corporation (Nasdaq: PCH) reported Q4 2021 net income of $39.2 million, or $0.58 per diluted share, with revenues of $248.4 million. For the full year, net income reached $423.9 million, or $6.26 per diluted share, on revenues of $1.3 billion. Highlights include a record Total Adjusted EBITDDA of $652.9 million, significant returns to shareholders of $388 million through dividends, and strong liquidity of $595 million. However, Timberlands Adjusted EBITDDA dropped due to lower sawlog prices, while Wood Products experienced increased EBITDDA driven by elevated lumber prices.
PotlatchDeltic Corporation (NASDAQ: PCH) announced the tax treatment for its 2021 dividend distributions totaling $5.67 per share. The breakdown includes 68.25% as capital gains, 3.11% as qualified dividends, and 28.63% as non-dividend distributions. Key dates include the record date of March 5, 2021 and payment dates ranging from March 31 to December 31, 2021. Shareholders are advised to consult tax advisors for specific treatment of these distributions, which may impact their tax filings.
PotlatchDeltic Corporation (Nasdaq: PCH) is set to release its fourth quarter earnings on January 31, after market close. A live conference call is scheduled for February 1 at 9:00 a.m. PT to discuss the results. Investors can access the call via webcast or by phone. The company manages around 1.8 million acres of timberlands across several states and operates various facilities, including sawmills and a plywood mill, while prioritizing environmental responsibility.
PotlatchDeltic Corporation (PCH) has announced a merger with Loutre Land and Timber Company, acquiring 51,340 acres of timberland in Arkansas and Louisiana. In the transaction, PotlatchDeltic issued 1.96 million shares and assumed $6.6 million in debt. The timberlands feature an average age of over 40 years and are expected to generate annual EBITDDA of $8.5 million with capital expenditures of $600,000 over the next decade. This acquisition is anticipated to enhance PotlatchDeltic's cash flow and support sustainable dividend growth.
FAQ
What is the current stock price of Potlatchdeltic Corporation (PCH)?
What is the market cap of Potlatchdeltic Corporation (PCH)?
